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Commentary
Taxpayers to shoulder P800M price for cowardice of leaders
When former president Rodrigo Duterte buckled under China’s bullying and reimposed a 2014 moratorium on drilling in the Reed Bank, off the coast of Palawan, in April, he and his advisers most likely did not realize that it would cost the government at least $13.78 million (about P800 million with today’s exchange rate) in unnecessary spending.
